via Financial Post - Osisko

Goldcorp's hostile bid for Osisko is merely a reflection of the failure of gold mining companies to reward their shareholders with a hefty dividend.

Sean Rosen conveniently forgets he waved paper in the faces of Brett Resources shareholders and strong-armed the acquisition in his favour. No different than what Goldcorp. is doing now.

Goldcorp. merely needs to up the ante by a small percentage and they win the bid, and acquire the company for peanuts.

Osisko is only good insofar as it could mine the markets for capital, rather than be a good business proposition for the shareholders, or an actual gold mine. This is not Goldcorp's fault.

http://business.financialpost.com/2014/01/28/osisko-chief-says-goldcorp-bid-bad-for-sector/

-F6